The Federal Reserve System manages the US’s money supply, increasing or decreasing bank credit and other circulating media to reach a target interest rate usually announced at meetings of the Open Market Committee, which meets eight times a year. They met this week, announcing the first of several modest increases in the federal funds rate. […]
https://pricklypear.news/wp-content/uploads/pushingrock-800x508-1.jpg508800Robert Mulliganhttps://pricklypear.news/wp-content/uploads/logo_2023.pngRobert Mulligan2022-03-29 01:57:422022-03-26 15:48:21How the Fed Painted Us into a Corner
Lithium is often dubbed as “white gold” for the development of electric vehicles. The cost of lithium needed to make electric car batteries is up 472% just in the past 12 months and 850% since Biden took office. Biden, Harris, Buttigieg, and Democrats want America to go all green and want to force Americans to […]
https://pricklypear.news/wp-content/uploads/li-mining.jpg339510Dr. Rich Swierhttps://pricklypear.news/wp-content/uploads/logo_2023.pngDr. Rich Swier2022-03-29 01:55:122022-03-26 10:53:23Biden’s Dream of ‘Clean Cars’ is Turning Into a Lithium Nightmare
Peter Schweizer is no stranger to the seamy side of American life and politics. Beginning with his 2011 book Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of us to Prison, Schweizer has routinely uncovered instances not just of malfeasance […]
https://pricklypear.news/wp-content/uploads/China-Hall-of-People.jpg5121024Ralph l. Defalco IIIhttps://pricklypear.news/wp-content/uploads/logo_2023.pngRalph l. Defalco III2022-03-28 02:00:122022-03-26 10:36:15Flirting with the CCP
Is this spread heading to what happened in the 1970s and 1980s when the Fed battled blow-out inflation? The average 30-year fixed mortgage rate tracks the 10-year Treasury yield, running roughly in parallel but higher. It tracks the 10-year yield because the average 30-year mortgage gets paid off in just under 10 years, either through […]
https://pricklypear.news/wp-content/uploads/housing-expensive.jpg339509Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2022-03-28 01:55:252022-03-26 10:09:28Mortgage Rates Are Rising Much Faster than Treasury Yields. What’s the Deal?
A refreshing article in the Washington Examiner demonstrates what I have repeatedly said for more than a decade: climate change does not pose an “existential threat.” In fact, that’s the title of the article: “Climate change is not an ‘existential threat.’” In discussing the energy crisis that has arisen during Joe Biden’s brief tenure as president of […]
Arizona’s valley region was one of the few major metropolitan areas in the country to grow amid the COVID-19 pandemic’s business closures, remote work, at-home school, and other disruptions. On Thursday, the U.S. Census released more detailed data from its annual population estimates recording changes in headcount from July 1, 2020, to July 1, 2021. […]
https://pricklypear.news/wp-content/uploads/pjoenixs.jpg339509Cole Lauterbachhttps://pricklypear.news/wp-content/uploads/logo_2023.pngCole Lauterbach2022-03-26 05:23:092022-03-26 05:23:09Maricopa County, Phoenix Area, Lead Nation in Population Growth Amid Pandemic
The last couple of years has witnessed extraordinary spending by the federal government. It has been quite the party. Figure 1 shows government spending since 2000. The increase to 30 percent of Gross Domestic Product (GDP) in 2020 stands out. Government revenue, also shown in Figure 1, does not jump. Federal government revenue in 2020 […]
https://pricklypear.news/wp-content/uploads/dollarcollapse-800x508-1.jpg508800Gerald P. Dwyerhttps://pricklypear.news/wp-content/uploads/logo_2023.pngGerald P. Dwyer2022-03-26 02:03:092022-03-24 15:07:58Government Debt and Inflation: Reality Intrudes
If there is one thing you can say about the Russians it is that they stick to their proven playbook no matter what carnage they inflict on the innocents or how greatly they deceive the gullible. During the height of the Cold War, they sought to stop America’s introduction of sophisticated weapons that would have […]
The new deputy head of a propaganda and espionage agency in the People’s Republic of China (PRC) has documented ties with business tycoons, university heads, and other elite members of American society. Chen Xu, former party secretary of one of the PRC’s most prestigious universities, Tsinghua, was promoted to deputy head of the United Front Work […]
https://pricklypear.news/wp-content/uploads/three-commies.jpg5491280Philip Lenczyckihttps://pricklypear.news/wp-content/uploads/logo_2023.pngPhilip Lenczycki2022-03-25 01:55:512022-03-23 07:41:21American Elites Have Deep Ties To A New Chinese Spy Chief
Whenever I have lunch or dinner with someone – especially with recent events — I ask a very straightforward question. “In your wildest dreams did you ever believe they would muck things up this bad, this fast?” I use more vivid language, but I am against using such language in a public forum so I […]
https://pricklypear.news/wp-content/uploads/bidenhands-1536x975-1.jpg9751536Bruce Bialoskyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngBruce Bialosky2022-03-24 02:00:142022-03-22 10:16:37Did You Ever in Your Wildest Dreams Think They Could Mess Up Things This Much This Fast?
How the Fed Painted Us into a Corner
/in Economy, Featured, Politics/by Robert MulliganThe Federal Reserve System manages the US’s money supply, increasing or decreasing bank credit and other circulating media to reach a target interest rate usually announced at meetings of the Open Market Committee, which meets eight times a year. They met this week, announcing the first of several modest increases in the federal funds rate. […]
Biden’s Dream of ‘Clean Cars’ is Turning Into a Lithium Nightmare
/in Culture War, Economy, Environment, Featured, Politics/by Dr. Rich SwierLithium is often dubbed as “white gold” for the development of electric vehicles. The cost of lithium needed to make electric car batteries is up 472% just in the past 12 months and 850% since Biden took office. Biden, Harris, Buttigieg, and Democrats want America to go all green and want to force Americans to […]
Flirting with the CCP
/in Economy, Featured, National Security, Politics/by Ralph l. Defalco IIIPeter Schweizer is no stranger to the seamy side of American life and politics. Beginning with his 2011 book Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of us to Prison, Schweizer has routinely uncovered instances not just of malfeasance […]
Mortgage Rates Are Rising Much Faster than Treasury Yields. What’s the Deal?
/in Economy, Featured, Politics/by Wolf RichterIs this spread heading to what happened in the 1970s and 1980s when the Fed battled blow-out inflation? The average 30-year fixed mortgage rate tracks the 10-year Treasury yield, running roughly in parallel but higher. It tracks the 10-year yield because the average 30-year mortgage gets paid off in just under 10 years, either through […]
Climate Change Poses No Existential Threat. Nada. Not Any.
/in Culture War, Economy, Environment, Featured, Liberty, Politics/by H. Sterling BurnettA refreshing article in the Washington Examiner demonstrates what I have repeatedly said for more than a decade: climate change does not pose an “existential threat.” In fact, that’s the title of the article: “Climate change is not an ‘existential threat.’” In discussing the energy crisis that has arisen during Joe Biden’s brief tenure as president of […]
Maricopa County, Phoenix Area, Lead Nation in Population Growth Amid Pandemic
/in Arizona News, Economy, Maricopa/by Cole LauterbachArizona’s valley region was one of the few major metropolitan areas in the country to grow amid the COVID-19 pandemic’s business closures, remote work, at-home school, and other disruptions. On Thursday, the U.S. Census released more detailed data from its annual population estimates recording changes in headcount from July 1, 2020, to July 1, 2021. […]
Government Debt and Inflation: Reality Intrudes
/in Economy, Featured, National Security, Politics/by Gerald P. DwyerThe last couple of years has witnessed extraordinary spending by the federal government. It has been quite the party. Figure 1 shows government spending since 2000. The increase to 30 percent of Gross Domestic Product (GDP) in 2020 stands out. Government revenue, also shown in Figure 1, does not jump. Federal government revenue in 2020 […]
The Russia/Bermuda Dark Money Subterfuge
/in Culture War, Economy, Environment, Featured, National Security, Politics/by Lawrence KadishIf there is one thing you can say about the Russians it is that they stick to their proven playbook no matter what carnage they inflict on the innocents or how greatly they deceive the gullible. During the height of the Cold War, they sought to stop America’s introduction of sophisticated weapons that would have […]
American Elites Have Deep Ties To A New Chinese Spy Chief
/in Economy, Education, Featured, Liberty, National Security, Politics/by Philip LenczyckiThe new deputy head of a propaganda and espionage agency in the People’s Republic of China (PRC) has documented ties with business tycoons, university heads, and other elite members of American society. Chen Xu, former party secretary of one of the PRC’s most prestigious universities, Tsinghua, was promoted to deputy head of the United Front Work […]
Did You Ever in Your Wildest Dreams Think They Could Mess Up Things This Much This Fast?
/in Economy, Environment, Featured, Liberty, National Security, Politics/by Bruce BialoskyWhenever I have lunch or dinner with someone – especially with recent events — I ask a very straightforward question. “In your wildest dreams did you ever believe they would muck things up this bad, this fast?” I use more vivid language, but I am against using such language in a public forum so I […]